Canada Goose Holdings (TSX:GOOS) Gross Margin %: 69.58% (As of Mar. 2026) — Near Median


TSX:GOOS Canada Goose Holdings Inc TSX:GOOS
82 GF Score
Price C$13.66
GF Value C$19.27
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Canada Goose Holdings Gross Margin %?

Canada Goose Holdings TSX:GOOS +3.96% 82 Gross Margin % is 69.58% as of Mar. 2026, which is 8% above its 10-year median of 64.51. GuruFocus rates TSX:GOOS with a GF Score™ of 82/100 and a GF Value™ of C$19.27 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,027 Manufacturing - Apparel & Accessories companies, Canada Goose Holdings ranks better than 94.94% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Canada Goose Holdings's Gross Profit for the three months ended in Mar. 2026 was C$315 Mil. Canada Goose Holdings's Revenue for the three months ended in Mar. 2026 was C$453 Mil. Therefore, Canada Goose Holdings's Gross Margin % for the quarter that ended in Mar. 2026 was 69.58%.


The historical rank and industry rank for Canada Goose Holdings's Gross Margin % or its related term are showing as below:

TSX:GOOS' s Gross Margin % Range Over the Past 10 Years
Min: 52.53   Med: 64.51   Max: 69.94
Current: 69.72


During the past 12 years, the highest Gross Margin % of Canada Goose Holdings was 69.94%. The lowest was 52.53%. And the median was 64.51%.

TSX:GOOS's Gross Margin % is ranked better than
94.94% of 1027 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 28.34 vs TSX:GOOS: 69.72

Canada Goose Holdings had a gross margin of 69.58% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Canada Goose Holdings was 2.30% per year.


Canada Goose Holdings  (TSX:GOOS) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Canada Goose Holdings had a gross margin of 69.58% for the quarter that ended in Mar. 2026 => Durable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Canada Goose Holdings Gross Margin % Related Terms


Canada Goose Holdings Gross Margin % Historical Data

* Premium members only.

The historical data trend for Canada Goose Holdings's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Canada Goose Holdings Gross Margin % Chart

Canada Goose Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 66.79 66.98 68.78 69.94 69.72

Canada Goose Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 71.35 61.41 62.40 73.98 69.58

TSX:GOOS vs RL, LEVI, VFC: Gross Margin % Comparison

For the Apparel Manufacturing subindustry, Canada Goose Holdings's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Canada Goose Holdings Gross Margin % vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Canada Goose Holdings's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Canada Goose Holdings's Gross Margin % falls into.


TSX:GOOS
82GF Score
Canada Goose Holdings Inc TSX:GOOS
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Canada Goose Holdings Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Canada Goose Holdings's Gross Margin for the fiscal year that ended in Mar. 2026 is calculated as

Gross Margin % (A: Mar. 2026 )=Gross Profit (A: Mar. 2026 ) / Revenue (A: Mar. 2026 )
=1065.5 / 1528.2
=(Revenue - Cost of Goods Sold) / Revenue
=(1528.2 - 462.7) / 1528.2
=69.72 %

Canada Goose Holdings's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=315.4 / 453.3
=(Revenue - Cost of Goods Sold) / Revenue
=(453.3 - 137.9) / 453.3
=69.58 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 69.58% mean?
Canada Goose Holdings (TSX:GOOS) has a Gross Margin % of 69.58% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Canada Goose Holdings and its competitors. This is near median its historical median of 64.51. Over the past decade, Canada Goose Holdings' Gross Margin % has ranged from 52.53 to 69.94. According to the industry distribution chart, Canada Goose Holdings ranks #52 out of 1027 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 5.1%.
Is Canada Goose Holdings' Gross Margin % too high?
Canada Goose Holdings' current Gross Margin % of 69.58% is near median its 10-year median of 64.51. Over the past 10 years, this metric has ranged from a low of 52.53 to a high of 69.94. The Manufacturing - Apparel & Accessories industry median Gross Margin % is 28.34. Canada Goose Holdings' value of 69.58% is 145.5% above this industry median. Based on the distribution chart, Canada Goose Holdings ranks #52 out of 1027 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Canada Goose Holdings has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Canada Goose Holdings' Gross Margin % compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Canada Goose Holdings ranks #52 out of 1027 companies for Gross Margin %. This places Canada Goose Holdings in the top 5% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 28.34. Canada Goose Holdings' value of 69.58% is 145.5% above this benchmark. Historically, Canada Goose Holdings' own Gross Margin % has ranged from 52.53 to 69.94 over the past decade. While the company's 10-year median is 64.51 vs. the industry median of 28.34, Canada Goose Holdings has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Manufacturing - Apparel & Accessories company?
The median Gross Margin % among Manufacturing - Apparel & Accessories companies is 28.34, based on 1,027 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Canada Goose Holdings's current Gross Margin % of 69.58% is 145.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Canada Goose Holdings and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Gross Margin % is 28.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Canada Goose Holdings's current Gross Margin % is 69.58%, which is near median its own 10-year median of 64.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canada Goose Holdings stock overvalued right now?
Based on GuruFocus' analysis, Canada Goose Holdings (TSX:GOOS) is currently considered Modestly Undervalued. The stock's GF Value™ is C$19.27, compared to a current price of C$13.66 — trading 29.1% below its estimated fair value. The current Gross Margin % is 69.58%, which is near median its 10-year median of 64.51 and 145.5% above the Manufacturing - Apparel & Accessories industry median of 28.34. Canada Goose Holdings' overall GF Score™ is 82/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Canada Goose Holdings (TSX:GOOS), the current Gross Margin % is 69.58% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Canada Goose Holdings (TSX:GOOS) Overvalued in 2026?

Based on GuruFocus' analysis, Canada Goose Holdings stock appears to be undervalued. The current stock price of C$13.66 is trading 29.1% below its estimated GF Value™ of C$19.27. GuruFocus considers Canada Goose Holdings to be Modestly Undervalued.

Key valuation signals for TSX:GOOS:

  • Gross Margin %: 69.58% (near median its 10-year median of 64.51)
  • GF Value™: C$19.27 vs. price of C$13.66 (29.1% below fair value)
  • GF Score™: 82/100 with 3 warning signs
  • Industry Position: 145.5% above the Manufacturing - Apparel & Accessories median (#52 of 1027)

No single metric tells the full story. See the TSX:GOOS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Canada Goose Holdings Business Description

Other Exchanges GOOS:USA0UNA:UK1GC:Germany
Address 100 Queens Quay East, Floor 22, Toronto, ON, CAN, M5E 1V3
Canada Goose Holdings Inc is a Canada-based company that designs, manufactures, distributes, and retails premium outerwear for men, women, and children. It operates business through three segments namely, Wholesale; Direct to Consumer (DTC), and Other. The DTC segment, which is the key revenue driver, comprises sales through country-specific e-commerce platforms and its company-owned retail stores located in luxury shopping locations. The Wholesale segment comprises sales made to a mix of retailers and international distributors, who are partners that have exclusive rights to an entire market, and travel retail locations. Geographically, it has a presence in Canada, the United States, North America, Greater China, Asia-Pacific, and Europe, the Middle East, and Africa.
82GF Score

Get the complete analysis for TSX:GOOS

Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$13.66
Price
C$19.27
GF Value